Pending the compilation and analysis of this statement I wish to suggest that you refrain from actually obligating money available for expenditure during the current fiscal year except in those cases where such postponement or elimination will clearly be to the detriment of the public welfare.
Memorandum to Federal Departments and Agencies on Expenditures for Fiscal Year 1932
Share & report
More from Herbert Hoover
The Kellogg-Briand Pact, to which we are all signatories, can only mean that the nations of the world have agreed that they will use their arms solely for defense.
Both of these committees to function in much the same way as the Interstate Commerce Commission now acts in passing upon loans to railroads.
I am indeed personally under great obligation to you for your cooperation and great accomplishments in many of our most important governmental problems of the past three years.
I am deeply grieved to learn of the death of your husband, who was my good friend and distinguished predecessor in the Department of Commerce.
Other voices in this conversation
